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Wednesday, October 18, 2017
insider trading

U.S. Judge Okays $1.8 Billion SAC Insider-Trading Settlement

New York (AFP) – A federal judge Thursday approved an agreement between U.S. criminal prosecutors and SAC Capital to settle charges of insider trading in exchange for $1.8 billion in penalties. Under the settlement, SAC pleaded guilty to criminal charges of insider trading and agreed to cease operations as an investment advisor. U.S. District Judge […]

April 10, 2014